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Quanta Storage (ROCO:6188) Cyclically Adjusted Book per Share : NT$35.64 (As of Mar. 2024)


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What is Quanta Storage Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Quanta Storage's adjusted book value per share for the three months ended in Mar. 2024 was NT$31.508. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$35.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Quanta Storage's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Quanta Storage was 3.70% per year. The lowest was 1.80% per year. And the median was 3.10% per year.

As of today (2024-06-06), Quanta Storage's current stock price is NT$112.50. Quanta Storage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$35.64. Quanta Storage's Cyclically Adjusted PB Ratio of today is 3.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quanta Storage was 3.51. The lowest was 0.73. And the median was 1.26.


Quanta Storage Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quanta Storage's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Quanta Storage Cyclically Adjusted Book per Share Chart

Quanta Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.82 31.60 33.26 34.90 35.28

Quanta Storage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.29 35.47 35.60 35.28 35.64

Competitive Comparison of Quanta Storage's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Quanta Storage's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quanta Storage's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Quanta Storage's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Quanta Storage's Cyclically Adjusted PB Ratio falls into.



Quanta Storage Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Quanta Storage's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.508/131.7762*131.7762
=31.508

Current CPI (Mar. 2024) = 131.7762.

Quanta Storage Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.258 100.560 39.651
201409 31.462 100.428 41.283
201412 33.027 99.070 43.930
201503 33.046 99.621 43.712
201506 30.089 100.684 39.381
201509 31.027 100.392 40.727
201512 30.866 99.792 40.759
201603 38.401 100.470 50.366
201606 29.684 101.688 38.467
201609 29.238 101.861 37.825
201612 29.746 101.863 38.481
201703 29.069 102.862 37.240
201706 28.335 103.349 36.129
201709 28.380 104.136 35.913
201712 28.765 104.011 36.444
201803 29.223 105.290 36.574
201806 28.242 106.317 35.005
201809 27.894 106.507 34.512
201812 28.809 105.998 35.815
201903 29.751 107.251 36.554
201906 28.730 108.070 35.032
201909 28.543 108.329 34.721
201912 28.321 108.420 34.422
202003 26.616 108.902 32.207
202006 24.704 108.767 29.930
202009 25.451 109.815 30.541
202012 26.167 109.897 31.377
202103 26.089 111.754 30.763
202106 26.725 114.631 30.722
202109 27.572 115.734 31.394
202112 30.307 117.630 33.952
202203 29.369 121.301 31.905
202206 30.405 125.017 32.049
202209 31.692 125.227 33.350
202212 32.207 125.222 33.893
202303 29.962 127.348 31.004
202306 30.613 128.729 31.338
202309 32.430 129.860 32.909
202312 33.192 129.419 33.796
202403 31.508 131.776 31.508

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Quanta Storage  (ROCO:6188) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Quanta Storage's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=112.50/35.64
=3.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quanta Storage was 3.51. The lowest was 0.73. And the median was 1.26.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Quanta Storage Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Quanta Storage's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Quanta Storage (ROCO:6188) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6th Floor, No. 58-2, Huaya 2nd Road, Guishan District, Taoyuan, TWN, 333411
Quanta Storage Inc. is a Taiwan-based company, engaged in the research and development, design, manufacture, and supply of optical storage products. It offers a product such as storage and peripheral products which include NAS, DAS, USB-C power delivery and mini docks, adapters, and Wi-Fi storage products, solid state drives and intelligent automation systems. Geographically, it derives a majority of revenue from Mainland China.

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